WalletConnect is a protocol / infrastructure layer that lets users connect self-custody crypto wallets (on mobile or desktop) to decentralized applications (dApps) securely, via QR codes or deep links, without exposing private keys.
WCT (WalletConnect Token) is the native token of the WalletConnect Network. It powers governance, incentives, staking, fees, and network operations in the ecosystem.
WCT holders can vote on proposals, parameter changes, fees, upgrades in the WalletConnect Network.
Staking / Security WCT can be staked to help secure the network and earn rewards.
Fees / Access In future or in certain parts of the ecosystem, WCT may be used to pay for relay or network services, or to access premium network features.
Rewards / Incentives Node operators or participants in the network may be rewarded with WCT for their contributions (e.g. running infrastructure, providing relays).
Circulating supply is about 186,200,000 WCT.
Max supply is ~1,000,000,000 WCT.
Fully diluted valuation (FDV) is the value if all tokens were in circulation.
Launch / Sale: The token was launched (or had a token generation / offering) around April 2025.
Growth / performance: The IEO price was ~$0.02, and since then WCT’s price has increased multiple times over against USD.
Only a fraction (~ < 20%) of the total supply is in circulation currently.
WalletConnect already has wide adoption, integrated into many wallets and dApps. That gives WCT a strong foundation in terms of use case and network effect.
Being the token that powers the connectivity infrastructure gives it real utility (not just speculative).
Governance model: gives token holders influence over protocol development.
Incentives and stake mechanisms help align interests of users, node operators, and developers.
